Word: yahoo
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...Google's business proposition is about trust. It retains loads of our data--what we search for, what we say in our Gmails--so we need to know it won't be evil with them. That's why Google declined that U.S. government request. That's also why, unlike Yahoo!, Google doesn't want to create its own content in any significant way. Once you do that, Brin and Page reason, people will start to wonder about the search results, whether they are skewed to help Google's bottom line. And once people wonder about that, the whole model...
...weeks ago when jittery investors cashed out en masse after it reported an 82% increase in its fourth-quarter profit (below the market's expectations) and again after Google said it was launching a heavily censored Chinese-language site. Plus Google faces tough competition from big players like Yahoo!, which is making a dramatically different bet on the Internet's future, and Microsoft, which plans to challenge Google in search and advertising. The Google guys are feeling the heat. "I worry about Microsoft," Brin told TIME. "I don't worry about competing with them, but they've stated that they...
...exaggeration to say that Google is now essentially an advertising company, given that that's the source of nearly all its revenue. What Google did was master the automation of online advertising, perfecting a model developed by GoTo.com (later renamed Overture and eventually sold to Yahoo!). Here's how the system works. If you're a company selling sneakers, you can bid to have a link to your website appear in the sponsored area whenever someone does a Google search for, say, tennis or Michael Jordan or sneakers or all of those and more. How prominently your ad will...
...indeed the only universal nation. Every street corner in New York City is a rainbow of humanity. The resulting interaction and fusion of cultures produce not just great cuisine and music and art but also great science and technology. Intel was cofounded by a Hungarian, Google by a Russian, Yahoo! by a Taiwanese. We are the world's masters of assimilation. Where else do you see cultures and races so at home with one another? In China...
...public spanking for it. In December the Chinese government took offense at the contents of a blog hosted by Microsoft's MSN service. Microsoft promptly clamped it shut, noting that the company had to obey the law of the land. Earlier last year Beijing investigated a man who used Yahoo! for his e-mail. Yahoo! promptly handed over his computer's IP address. Yahoo! now has one less customer: the man got 10 years for leaking "state secrets...